1. THE POWER IN A COMPANY (AUTHORITY, WHO RULES, WHO CONTROLS)

2. Shareholders Stockholders

3. Shareholders’ meetings usually 1 per year

4. Shareholders (at a meeting) Supervisory Board nominate, designate, elect appoint

5. Supervisory Board meetings usually 1 per month -1 per 3 months

6. Supervisory Board Board of Directors appoints nominates, designates, elects

7. Supervisory Board Board of Directors Shareholders (meeting) reports

8. Board of Directors meetings, minutes – usually 1 per week

9. Board of Directors Shareholders appoint nominate, designate, elect

10. Board of Directors Board of managers Board of governors Bord of trustees

11. Board of Directors Chief Production Officer Chief Executive Officer Chief Marketing OfficerChief Financial Officer

12. Chief Executive Officer Managing Director Chief Sales Officer (Sales Deputy Director) Board of Directors Chief Financial Officer (Finance Deputy Director)

13. Chief Executive Officer Managing Director Chief Marketing Officer Board of Directors Chief Financial Officer TreasurerController Financial division Accounting division

14. Supervisory Board – (Chairman) Board of Directors – (Chairman of the Board) Shareholders - (main shareholder) Who heads (leads)

15. The new words stockholders, shareholders, majority and minority shareholders, voting by shares, voting by show of hands, voting by poll, conflict of interest, an accusition (to accuse), casting vote, to approve financial statements, to designate, Supervisory Board Board of Directors meetings, minutes to record, draft meetings – to minute

16. to vote resolution, to report, Board of governors, Board of trustees, Chief Executive Officer (CEO), Chief Financial Officer (CFO), Chief Sales Officer. Managing Director, Sales Deputy Director, Finance Deputy Director, Divisions, Accounting Division, Financial Division, Controller, Treasurer.